A Press Democrat Blog

News and conversation about Sonoma County real estate

Nearly a third of Sonoma County homeowners with mortgages remained underwater at the end of last year. Almost 31,000 residential properties — 29 percent of homes with mortgages — were in negative equity in late December, according to a report released Tuesday by CoreLogic of Santa Ana. The latest data compares with almost 32 percent in negative equity a year ago and 28 percent in September. “Negative equity holds millions of borrowers captive in their homes, unable to move or… Read More »